Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
HELOCs often have lower interest rates, and the interest may be tax-deductible if used for investment purposes.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
This also makes it eligible for bonus depreciation (60% in 2024) or Section 179 deductions if criteria are met.However, if the RV is permanently affixed to the campground site and functions as part of the real estate, it may fall under residential property classification and depreciate over 27.5 years.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
While qualified dividends get preferential tax treatment, real estate offers:Depreciation deductions1031 exchangesCost segregation opportunitiesHome office deductions for your management activitiesAnd more!
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
It's interesting that Obie returned a $200K value but they do allow editing so I was able to correct to an amount I feel was midway between principal and replacement value.
Jon D.
Relocation / selling vs investment?
22 January 2025 | 12 replies
You're giving up some good tax benefits since you're in the tier of taking itemized deductions.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Not that I'm a proponent of borrowing just for a tax break, but the interest is a deductible expense.
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
I have landlord insurance with deductible $2500. the house has continuous flooring, meaning the entire house has same LVP.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Seems like too much work for too little return UNLESS you own the property, or perhaps have an option to purchase the property allowing you to capture any increase in value.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Having the books properly set up for the first time ever will help me get all the deductions I’m entitled to.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
Income taxes- if needed can you use your 2 year primary residence deduction if a taxable event occurs.13. 1031- if any part of the insurance claim is a taxable event is there some way to do a 1031 with lenient time frame adjustments?